BALTIMORE COUNTY. 579

centum per annum, payable semi-anually, at some designated
bank in Baltimore City or Baltimore County, which bonds shall
be exempt from all county, municipal and school taxes, and the
due and overdue coupons for interest shall be received by the
County Commissioners of Baltimore County in payment for
taxes. The said bonds shall be issued in five series, to be desig-
nated as Series A, Series B, Series C, Series D and Series E,
respectively; each series shall for the gross sum of three hundred
thousand dollars ($300,000), but not more than one series shall
be issued in any one year. Series A shall be due and redeema-
ble in ten years from the date of the issuance thereof; Series
B in twenty years from the date of the issuance thereof; Series
C in thirty years from the date of the issuance thereof; Series
D in forty years from the date of the issuance thereof, and
Series E in fifty years from the date of the issuance thereof.
Said bonds shall be coupon in form and when so issued shall be
and become a lien upon all the property of Baltimore County,
and it shall be the duty of the County Commissioners of Balti-
more County to provide for the payment of the interest on said
bonds and for their redemption and payment as they may ma-
ture in the manner prescribed in this Act. The said County
Commissioners of Baltimore County and their successors are
authorized and directed to advertise in three newspapers pub-
lished in Baltimore City and two newspapers published in Bal-
timore County, together with such other advertisement as they
may deem proper and for the best interests of the citizens of
Baltimore County during the thirty days preceding the issu-
ance of said series of bonds for proposals for the purchase of the
said bonds. Reserving the right to the said County Commis-
sioners of Baltimore County to accept or reject bids, and for
this purpose the said County Commissioners of Baltimore
County are hereby given full authority to ask for bids, market
and sell such bonds and grant to the purchaser or purchasers
thereof an unconditional title pledging as payment therefor and
for the payment of the interest to accrue thereon the assesable
property of Baltimore County. The County Commissioners of
Baltimore County shall levy upon the assessable property in
said county, as part of the annual levy in each year, a sufficient
sum to be collected as other taxes are, to meet the interest on
said bonds, and to provide a sinking fund of not less than
thirty thousand dollars ($30,000) per annum to redeem the
said, bonds as they severally become due and payable, which
said sinking fund shall be placed at interest in some safe
depository and the income accruing therefrom applied to the
compensation of the members of the "Good Roads Commission
of Baltimore County," and the administrative expenses incurred
thereby in the course of their duty, and the said County Com-
missioners of Baltimore County shall deposit the funds raised